HIGHLY PROFITABLE FRANCHISE OPPORTUNITY - LONG LEASE - DRIVE THRU

HIGHLY PROFITABLE FRANCHISE OPPORTUNITY - LONG LEASE - DRIVE THRU

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Preview Listing
Preview Listing
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Preview Listing

Location Details :

Country

Australia

State

Queensland

City

Goondiwindi


Industry :
Food/Hospitality
Sub Industry :
Restaurant

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

Centrally located in the heart of Goondiwindi's CBD, Red Rooster has been in the current premises for 35 years. Complete with a drive-through and ample parking in the main street directly outside the premises, this business offers the buyer the opportunity to take advantage of this fantastic location and growing brand.

Red Rooster is a nationally recognised brand that has been in operation since 1977. A true household name that underwent a rebranding and a revitalisation effort around 4 years ago. The numbers speak for themselves and there has been consistent growth year on year ever since.

The owner-operator spends approximately 24 hours per week in-store and approximately 12 hours on the business each week. Opportunity exists for the new buyer to be a full-time owner-operator or there is enough margin to operate the business under management.

No prior experience is required making this the ideal opportunity for those with direct experience and buyers wanting to expand into a new field. Full franchise partner training is provided.
Opportunity exists for the buyer to embrace Ubereats, Menulog, Click - collect and Red Rooster delivery. With none of the delivery methods currently being utilised this may present an opportunity to increase revenue.

BUSINESS SNAPSHOT
$1,930,261 FY 2023 Turnover
$1,687,193 FY 2022 Turnover
$1,384,223 FY 2021 Turnover
$ 243,219 Adjusted return to owner (3-year average)

STAFF
The permanent part-time member trained as a shift supervisor has been with the business since 2016. Five other staff are also trained as shift supervisors and are retained as casual staff members. The remaining twenty members are all employed casually.
1 Permanent Part Time
26 Casuals

LEASE
Term: 10 Years
Base Rent: $93,376.31 GST inclusive
Commencement: 11 September 2019
Expiry Date: 10 September 2029
Options: 3 Years x 4
Index Rev Dates: Anniversary of commencement date except Review Dates

BUSINESS HOURS
Opportunity exists to expand the current trading hours.
Monday: 10:00am - 8:30pm
Tuesday: 10:00am - 8:30pm
Wednesday 10:00am - 9:00 pm
Thursday 10:00am - 9:00pm
Friday 10:00am - 9:00pm
Saturday 10:00am - 9:00pm
Sunday 10:00am - 8:30pm

Contact marketing broker, Marc Phillips on 0455 150 990 or email marc@proactivebusinesssales.com.au to further discuss this opportunity.

Please do not approach the staff at the store to discuss the sale of the business. All inquiries must be directed through the marketing broker.

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Talk to Brokers that know business

Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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